-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NOtPX3HinM6AlM6f/X+n2h8u+6ocLy2drP0QgtLDiyEzYuAQ9SJCwvow/ITrQKyJ pJdS3+uwnDSBNas4rosrpQ== 0000037996-99-000010.txt : 19990413 0000037996-99-000010.hdr.sgml : 19990413 ACCESSION NUMBER: 0000037996-99-000010 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990412 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990412 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FORD MOTOR CO CENTRAL INDEX KEY: 0000037996 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380549190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03950 FILM NUMBER: 99591875 BUSINESS ADDRESS: STREET 1: THE AMERICAN RD CITY: DEARBORN STATE: MI ZIP: 48121 BUSINESS PHONE: 3133223000 8-K 1 PRESS RELEASE SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report April 12, 1999 -------------- (Date of earliest event reported) FORD MOTOR COMPANY ------------------ (Exact name of registrant as specified in its charter) Delaware -------- (State or other jurisdiction of incorporation) 1-3950 38-0549190 ------ ---------- (Commission File Number) (IRS Employer Identification No.) The American Road, Dearborn, Michigan 48121 -------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 313-322-3000 ------------ -2- Item 5. Other Events. - --------------------- News release dated April 12, 1999, filed as Exhibit 20 to this Current Report on Form 8-K, is incorporated by reference herein. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. - --------------------------------------------------------------------------- EXHIBITS Designation Description Method of Filing - ----------- ----------- ---------------- Exhibit 20 News release dated Filed with this Report April 12, 1999 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the date indicated. FORD MOTOR COMPANY (Registrant) Date: April 12, 1999 By:/s/Peter Sherry, Jr. ------------------- Peter Sherry, Jr. Assistant Secretary -3- EXHIBIT INDEX DESIGNATION DESCRIPTION PAGE - ----------- ----------- ---- Exhibit 20 News release dated April 12, 1999 EX-20 2 EXHIBIT 20 NEWS RELEASE Global News and Information, Ford Motor Company, The American Road, Dearborn, MI 48121 Telephone: 313.322.9600; Fax: 313.845.0570 http://media.Ford .com Contact: Don Hume Jim Cain Ford Motor Company (Europe) Ford Motor Company (U.S.) 44+1277 252018 313-322-3428 FORD REACHES AGREEMENT TO BUY KWIK-FIT DEARBORN, Mich., April 12, 1999 - Ford Motor Company [NYSE: F] has announced it has reached agreement to acquire Kwik-Fit, Europe's largest independent vehicle fast-fit (maintenance and light repair) chain. Kwik-Fit has more than 1,900 service points in the United Kingdom, Ireland and continental Europe trading primarily under the Kwik-Fit and Speedy brands, as well as mobile service, mobile tire replacement and car insurance operations. "The acquisition of Kwik-Fit is an important step towards Ford's goal to become the world's leading consumer company that provides automotive products and services through world-class brands," said Jacques Nasser, Ford president and chief executive officer. "Kwik-Fit is an outstanding company that has earned a leading position in the fast-fit market and created a successful customer formula - innovative high value services coupled with convenient locations and knowledge of the customer," said Nasser. -2- "Kwik-Fit will provide Ford with an expanded capability to service customers owning competitive brands and, in many cases, older vehicles. It will allow us to interact with millions of customers we are not reaching today. In this way, the acquisition complements our primary effort with dealers to grow their share of the service business with newer vehicle owners." The total consideration is approximately (pound)1 billion (equivalent to $1.6 billion) in cash. "Since the first Kwik-Fit center was opened in Edinburgh in 1971, the Kwik-Fit group has become the largest provider of specialist automotive services in Europe," said Sir Tom Farmer, chairman and chief executive of Kwik-Fit. "It has been our aim to provide the motorist with services from the showroom to the scrap yard. Not only does this development take us a big step closer to achieving this, but it also provides us with a tremendous opportunity to complement Ford's global strategy and expand the Kwik-Fit brand as widely as possible." This transaction is subject to regulatory approval and the necessary level of Kwik-Fit shareholder support. The directors of Kwik-Fit are unanimously recommending that all Kwik-Fit shareholders accept Ford's offer. -3- Ford Motor Company is the world's second largest automaker. Its automotive brands include Aston Martin, Ford, Jaguar, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, Quality Care, Hertz and Visteon Automotive Systems. Global News and Information, Ford Motor Company, The American Road, Dearborn, MI 48121 # # # -----END PRIVACY-ENHANCED MESSAGE-----